Germany's Scholz calls for fair competition and warns against dumping during China visit
Time:2024-05-21 08:41:02 Source:styleViews(143)
BEIJING (AP) — German Chancellor Olaf Scholz called for fair competition in trade relations with China while warning about dumping and overproduction as he spoke to students in Shanghai on Monday.
Scholz is visiting China against the background of looming EU tariffs on Chinese-made electric vehicles and other trade-related tensions. The two countries are also split over how to handle Russia’s invasion of Ukraine.
“The one thing that must always be clear is that competition must be fair,” Scholz told students at Tongji University in Shanghai, according to German news agency dpa.
“Of course we would like our companies to have no restrictions, but conversely we behave exactly how we are demanding here,” he said, adding there must be no dumping or overproduction.
The European Union is mulling tariffs to protect its producers against cheaper Chinese electrical vehicle imports, which some fear will flood the European market.
You may also like
- Shohei Ohtani's first walk
- JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
- Total solar eclipse 2024: Spectators stake their spots along the totality path
- Luke Combs leads the 2024 ACM Awards nominations, followed by Morgan Wallen and Megan Moroney
- Mohammad Mokhber: Who is Iran’s acting president?
- Vikings had windows, another shift away from their image as barbaric Norsemen, Danish museum says
- Got kids? Here's what to know about filing your 2023 taxes
- 'Housekeeping for Beginners' review: Loves wins in this triumphant film
- The fightback begins: Boss of London's Queen Mary University tells pro